Monthly Archive: February 2013

Feb 28

Trend Following Update – Long 10yr

AlphaCapture

As we expected we got our long signal on 10-year treasury notes. This brings our total number of open futures positions up to 7 out of the 10 markets our trend following system covers. Current open positions are:- Long S&P 500 ($ES_F) 1/28 +$737.50 per contract Long 10yr Tsy ($ZN_F) 3/1 +$0.00 per contract Long Dollar …

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Feb 27

Long Fifth & Pacific ($FNP)

AlphaCapture

Yeah, I’d never heard of them either. But we do know them, this is the clothing company formerly known as Liz Claiborne, with brands like Juicy Couture, Kate Spade, and Lucky Brand under its belt. The name change, and I’m sure a lot more besides, appears to have worked wonders too. Take a look. Fifth …

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Feb 27

Trend Following Update – Short Euro

AlphaCapture

Last night we got another signal in our trend following system of 10 major futures markets, this time to short the Euro. You may recall we wrote here about exiting a long Euro position for a small profit last week. This brings our number of open futures positions back up to 6. We’re starting to witness some …

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Feb 26

Hope Is A Four Letter Word

At the weekend I heard a definition of ‘hope’ that I’d like to share. I was attending a Sunday church group where the speaker touched on a number of areas, among them his thoughts on hope. By way of defining it, he related a quote from a technology group head he knew, that despite the …

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Feb 25

Exiting Longs in $CIB and $OCN

AlphaCapture

As we indicated in our equity positions update over the weekend we got stopped in our long in $CIB following Friday’s close and took this morning’s open as our exit for a loss of 3.4%. It may well find support slightly lower before making another attempt at that multi-year resistance, so we’ll continue to monitor …

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Feb 24

Visa ($V) – Ready For The Payoff

AlphaCapture

We mentioned Visa ($V) in our Nickels and Steamrollers post as a way to demonstrate how you have to learn to ignore the noise, and not be tempted to pick tops, in order to ride incredible trends. I wanted to update the charts on Visa as it remains in a very favorable risk-reward position. Here’s …

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Feb 23

Review Of Open Positions – Stocks

AlphaCapture

With this week’s volatility and pullback in the market we got stopped on 3 positions: Whole Foods ($WFM) -11.4% Continued to decline on good volume following its post-earnings slump, endangering its longer-term trend. iPath DJ UBS Copper ETF ($JJC) -5.3% Invalidated our rationale closing below the $45 level we cited. It’s returned to the lower range …

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Feb 23

Review Of Open Positions – Futures

AlphaCapture

It was an eventful week for our trend following system with 5 signals; 3 closing, 2 opening. We got exit signals for the following positions: Short 30yrBond ($ZB_F) 2/1 +$93.75 per contract Long Euro ($6E_F) 12/21 +337.50 per contract Long Crude Oil ($CL_F) 1/3 -$920.00 per contract We said at the time that although it can be disappointing …

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